Sony Ericsson ends the year with losses

This topic is locked from further discussion.

Avatar image for CanYouDiglt
CanYouDiglt

8442

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#1 CanYouDiglt
Member since 2009 • 8442 Posts

So this is Sony's big purchase-

http://www.edge-online.com/news/sony-ericsson-hit-%C2%A3206-million-loss

Sony Ericsson's financial results for the year ending December 31 make for miserable reading, with 2010's profit of €90 million wiped out and the firm reporting a loss of €247 million (£206 million).

President and CEO Bert Nordberg pinned the decline on 2011 being a transitional year in which the company shifted focus from feature phones to smartphones. Sales of the Xperia range of Android phones were up 65 per cent year on year, with 28 million units shipped to date.

Overall units shipped, however, fell 20 per cent in the final three months of the year to nine million, with sales revenue down 16 per cent to €1.3 billion (£1.08 billion).

That renewed focus on smartphones will continue into 2012, the company said, with future handsets to feature Sony branding after it announced plans to buy Ericsson out of their joint venture in October.

Avatar image for ShadowDeathX
ShadowDeathX

11696

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

#2 ShadowDeathX
Member since 2006 • 11696 Posts
Sony only launches a few phones compared to other phone makers. They aren't going to do well in that market either. Apple, Samsung, HTC, Motorola, and Nokia control that market.
Avatar image for gamer-adam1
gamer-adam1

4188

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#3 gamer-adam1
Member since 2008 • 4188 Posts

phones look nice, BUT they also have older hardware than newer phones, atleast they use to, so that sets them back a lot

Avatar image for arad96
arad96

7783

Forum Posts

0

Wiki Points

0

Followers

Reviews: 6

User Lists: 0

#4 arad96
Member since 2009 • 7783 Posts

I thought I was in system wars, not company wars.

Avatar image for Diviniuz
Diviniuz

6460

Forum Posts

0

Wiki Points

0

Followers

Reviews: 73

User Lists: 0

#5 Diviniuz
Member since 2009 • 6460 Posts
what does this have to do with system wars lol
Avatar image for InfinityMugen
InfinityMugen

3905

Forum Posts

0

Wiki Points

0

Followers

Reviews: 3

User Lists: 0

#6 InfinityMugen
Member since 2007 • 3905 Posts

Sony continues to hemorrhage money. What else is new?

Avatar image for ShadowDeathX
ShadowDeathX

11696

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

#7 ShadowDeathX
Member since 2006 • 11696 Posts

I thought I was in system wars, not company wars.

arad96
Phones are Gaming Systems too btw...
Avatar image for GTerror666
GTerror666

77

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#8 GTerror666
Member since 2012 • 77 Posts

Final nail in the coffin for Sony.

If sony goes doomz then there will be no ps4 obviously.

So this has a worthy place in the system wars thread.

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Avatar image for fernandmondego_
fernandmondego_

3170

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#9 fernandmondego_
Member since 2005 • 3170 Posts

Final nail in the coffin for Sony.

If sony goes doomz then there will be no ps4 obviously.

So this has a worthy place in the system wars thread.

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

GTerror666
Uncharted on Xbox? Now that would be ownage.
Avatar image for LovePotionNo9
LovePotionNo9

4751

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#10 LovePotionNo9
Member since 2010 • 4751 Posts
But I want a Playstation 9.
Avatar image for SPYDER0416
SPYDER0416

16736

Forum Posts

0

Wiki Points

0

Followers

Reviews: 24

User Lists: 0

#11 SPYDER0416
Member since 2008 • 16736 Posts

This isn't OT dude, why are we discussing cell phones?

Avatar image for arad96
arad96

7783

Forum Posts

0

Wiki Points

0

Followers

Reviews: 6

User Lists: 0

#12 arad96
Member since 2009 • 7783 Posts

[QUOTE="arad96"]

I thought I was in system wars, not company wars.

ShadowDeathX

Phones are Gaming Systems too btw...

Yes, but this thread is not video-game related.

Avatar image for LovePotionNo9
LovePotionNo9

4751

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#13 LovePotionNo9
Member since 2010 • 4751 Posts
Sucks for them I guess. We could hold a raffle for them or donate some money. Other than that, not much to do for them.
Avatar image for GTerror666
GTerror666

77

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#14 GTerror666
Member since 2012 • 77 Posts

[QUOTE="ShadowDeathX"][QUOTE="arad96"]

I thought I was in system wars, not company wars.

arad96

Phones are Gaming Systems too btw...

Yes, but this thread is not video-game related.

Its system wars related.

Sony bankrupt due to losses = NO PS4 = XBOX wins the war!

Avatar image for babycakin
babycakin

1597

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#15 babycakin
Member since 2012 • 1597 Posts

I'm guessing this is to remind everyone that Sony isn't doing well financially :roll:

Avatar image for CanYouDiglt
CanYouDiglt

8442

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#16 CanYouDiglt
Member since 2009 • 8442 Posts
Sucks for them I guess. We could hold a raffle for them or donate some money. Other than that, not much to do for them.LovePotionNo9
That would be fun. I like a good raffle.
Avatar image for Phoenix534
Phoenix534

17774

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#17 Phoenix534
Member since 2008 • 17774 Posts

They don't release a lot of phones and the ones they do are outdated before they release. Although now that it's SMC maybe they'll get their act together.

Avatar image for PraetorianMan
PraetorianMan

2073

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#18 PraetorianMan
Member since 2011 • 2073 Posts

Doesn't surprise me in the least. Sony needs to cut their BS cellphone and laptop divisions ASAP

Avatar image for BrunoBRS
BrunoBRS

74156

Forum Posts

0

Wiki Points

0

Followers

Reviews: 6

User Lists: 0

#19 BrunoBRS
Member since 2005 • 74156 Posts
cellphone department, don't care, i want gaemz.
Avatar image for Rikusaki
Rikusaki

16623

Forum Posts

0

Wiki Points

0

Followers

Reviews: 2

User Lists: 0

#20 Rikusaki
Member since 2006 • 16623 Posts

Ericsson doesn't exist anymore.

Avatar image for Frostbite24
Frostbite24

4536

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#21 Frostbite24
Member since 2003 • 4536 Posts

Who gives a sh!t about phones?